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IPO Synopsis

Tankup Engineers Ltd
  • Registered Office: 1262 SA Goila,Chinhat, Lucknow - 226019, Uttar Pradesh, India.
  • Phone : +91 78000 08707   Fax:
  • Email : cs@tankup.co.in
  • Website :www.tankup.co.in
Initial public offer of upto 13,95,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Tankup Engineers Limited ("The Company" or "The Issuer") at an issue price of Rs. 140 per equity share for cash, aggregating up to Rs. 19.53 crores ("Public Issue") out of which 70,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 140 per equity share for cash, aggregating Rs. 0.98 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 36,000 equity shares aggregating up to Rs. 0.50 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of 12,89,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 140 per equity share for cash, aggregating upto Rs. 18.05 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.35% and 24.34 % respectively of the post-issue paid-up equity share capital of the company. Employee reservation portion upto 36,000 equity shares or 2.58% of the issue. Price Band: Rs. 140 per equity share of the face value of Rs. 10 each. The cap price is 14 times of the face value of the equity shares. Bids can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.
Issue
Opens On Closes On
23-Apr-25 25-Apr-25
Money Payable On
Application Allotment
140.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 19.53  
Post Issue Equity Share Capital (.Cr) 5.30
Issue Price () 140.00
Projects
Repayment in full or in part of certain of its outstanding borrowings
Funding to meet working capital requirements
General corporate purposes
Promoted By
Gaurav Lath
Pankhuri Lath
Govind Prasad Lath
Listing At
NSE - SME
Registrar to the Issue
No Data Available
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